Tag Archive | "unemployment"
Empire of lies
Benny and the Inkjets are tossing the money around, but it didn’t pump up the industrial economy the last time and QE2 will be no better, even if the next version is expectedly gihugic. He’s destroying the dollar in the process of printing fiat currency, but he cannot keep up with the ongoing economic contraction. [...]
Continue reading...Economic dominoes continue to fall
Tuesday, October 27, 2009
The property of rich folks has always been more important than the lives of the poor, a fact that will continue to create misery for the "other" 99% of us until the entire industrial economy fails. Personally, I can hardly wait.
Continue reading...A typical reaction
Sunday, August 23, 2009
Occasionally when people talk to me about my new life in and around the mud hut, their conclusions include one of the following statements: (1) You're selfishly wasting your talent as an excellent and inspiring teacher. You should be teaching at the university, saving students, instead of preparing for economic collapse. (2) Don't be silly. The United States cannot suffer economic collapse. My responses go something like this:
Continue reading...Revising my forecast
Sunday, March 8, 2009
If you're waiting until things get bad before you start making other arrangements, I have two words for you: We're there.
Continue reading...Business Party II slithers by Business Party I
Tuesday, February 3, 2009
Damn the torpedoes. It's full steam ahead for the idea of economic growth, even though Obama surely knows the days of economic growth are behind us.
Continue reading...The Greatest Depression, briefly described
Wednesday, January 14, 2009
We've built a set of living arrangements that relies on infinite access to a finite resource. That set of ill-conceived living arrangements is comprehensive, including capture and delivery of water, production and delivery of food, construction of shelter, the systems of health care, education, and finance, our sense of community (or absence thereof), and thousands of attributes we take for granted on a daily basis.
Continue reading...
Sunday, October 31, 2010
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